The federal government of Nigeria is developing strategies for national blockchain adoption with the vision of creating a “Digital Nigeria.”
Binance has launched a new cryptocurrency payments app called "Bundle" in Nigeria. Users can request, send, and receive cash or crypto from their peers.
In this article, we update you on major issues that pertains to how the coronavirus is affecting the economy of Nigeria, Africa's most populous nation.
Google searches for “Bitcoin” term are going through the roof in Africa wIth countries, such as Nigeria being reported to be the highest search rates.
The spokesperson of Nigerian House of Representatives, Femi Gbajabiamila, has called for adopting a legal framework for regulating cryptocurrencies.
While Nigeria Deposit Insurance Corporation warns about cryptocurrency use, an executive at the Research Department at the NDIC, Adikwu Igoche, has noted that cryptocurrencies were not authorized by the CBN. Therefore, they are not “insured by the NDIC.”
The naira experienced a vast fall against the dollar, in reaction the Nigerian central bank intervenes in a bid to halt the decline of the naira to record
Despite efforts from the Central bank to stabilize, Africa's biggest economy's currency continues to bleed as the nation's apex bank steps up efforts to stabilize the naira.
CBN loosens Forex trading restrictions? In the wake of the restrictions on foreign exchange trading, dealers have adopted several means to circumvent the...
As the inflated oil money disappears oil corruption in Nigeria and Azerbaijan struggles for the power.